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Complete company report
Generated 08-08-2026
Active BE 0461.852.236Public limited companyOpen bankruptcy

SIMETI ENGINEERING

Zone art. de la Rivièrette(SG) 9 ·7330 Saint-Ghislain, Belgium· 28 yrs active
Sector: Specialised construction (43211)
Conclusion Checked

A bankruptcy procedure is open for SIMETI ENGINEERING according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €722k and a net result of €121k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €722k
Net result €121k
Staff (FTE) 48.1
Active 28 yrs
Snowflake analysis 5 axes · computed by Checked
Health28Profitability84Solvency63Growth78Stability0
51 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 28
Profitability 84
Solvency 63
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2019 · computed
28 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-10-2020 with the NBB · fiscal year 2019 · volledig
€0€100k€200k€300kOperating result 2018: €290k€290kNet result 2018: €108k€108kOperating result 2019: €248k€248kNet result 2019: €121k€121k20182019
Operating resultNet result
EBITDA
€338k
-11.3% far above sector median
Net profit
€121k
+12.5% far above sector median
Cash flow
€211k
+6.2% far above sector median
Total assets
€3.55M
+0.4% far above sector median
Equity
€722k
+2.2% far above sector median
Working capital
€634k
+5.2% far above sector median
Employees (FTE)
48
+9.3% 18-19
Income taxes
€92k
-43.2% far above sector median
Debt
€2.83M
-0.1% far above sector median
Debt ≤ 1y
€2.70M
+1.2% far above sector median
Debt > 1y
€126k
-13.7% far above sector median
Current ratio
1.23
+0.7% -52% vs sector
Quick ratio
1.23
+0.7% -52% vs sector
Solvency
20.3%
+1.9% -63% vs sector
Debt / equity
0.17
-15.6% -79% vs sector
ROE
16.8%
+10.0% -6% vs sector
ROA
3.4%
+12.0% -15% vs sector
Figures by fiscal year
Fiscal year2019
Revenue-
EBITDA€338k
Net profit€121k
Cash flow€211k
Staff costs-
Income taxes€92k
Dividends-
Total assets€3.55M
Equity€722k
Debt€2.83M
of which ≤ 1y€2.70M
of which > 1y€126k
Working capital€634k
Employees (FTE)48.1
Ratios (computed)
2019
Current ratio1.23
Quick ratio1.23
Working capital ratio17.8%
Solvency20.3%
Debt / equity0.17
Long-term debt ratio0.17
Interest coverage-
Gross margin-
Net margin-
ROA3.4%
ROE16.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€3.55M
Fixed assets 21/28€215k
Tangible fixed assets 22/27€170k
Financial fixed assets 28€45k
Current assets 29/58€3.34M
Amounts receivable within one year 40/41€2.59M
Cash & bank 54/58€209k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.55M
Equity 10/15€722k
Contributions / capital 10/11€550k
Reserves 13€51k
Accumulated profits (losses) 14€121k
Amounts payable 17/49€2.83M
Amounts payable after one year 17€126k
Amounts payable within one year 42/48€2.70M
Trade debts payable within one year 44€647k
Income statement
Gross operating margin 9900€2.16M
Operating result 9901€248k
Financial income 75€222
Financial charges 65€143k
Result before taxes 9903€105k
Income taxes 67/77€92k
Net result for the period 9904€12k
Result to be appropriated 9905€12k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator TONY BELLAVIA
AVENUE DES EXPOSITIONS 8A, 7000 MONS- . Date provisoire de cessation de paiement : 06/09/2021
 06-09-2021 → present Belgian State Gazette
Legal Structure
NACE primary Specialised construction(43211)
Legal form Public limited company(014)
Incorporation06-11-1997
StatusActive
Postal code7330
First BS signal 15-09-2021
Latest BS signal 15-09-2021
Company structure, linked entities1 linked entities
SIMETI ENGINEERINGBE 0461.852.236TONY BELLAVIAReceiver
Mandates
Establishment units 1 location
Zone art. de la Rivièrette(SG) 9, 7330 Saint-Ghislain
Groothandel in banden voor motorvoertuigen
since 19972.084.331.842
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021
15-09-2021
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · SIMETI ENGINEERING SA ZONE ART. DE LA RIVIERETTE 9, 7330 SAINT-GHISLAIN · event 06-09-2021
2020
30-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
28-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
29-10-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
17-03-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
24-02-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
21-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
28-05-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
24-04-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
2012
20-12-2012
NBB filing Annual accounts filed
fiscal year 2011 · volledig
2011
30-11-2011
NBB filing Annual accounts filed
fiscal year 2010 · volledig
Lifecycle & Insolvency Signals 1 events
15-09-2021
Bankruptcy Opening
Date: 06-09-2021 · Tribunal de l’entreprise du Hainaut, division Mons · SIMETI ENGINEERING SA ZONE ART. DE LA RIVIERETTE 9, 7330 SAINT-GHISLAIN · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262021-09-15 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Elektrische installatie45310
Primary activity highlighted.
Names & trade names
Legal nameFR SIMETI ENGINEERING
Registered office
Zone art. de la Rivièrette(SG) 9
7330 Saint-Ghislain, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative